Settings8H · net · $10k
Funding arb · Price arb /

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0044%/8h= +4.9% APRnext payment +$0.44 per $10,000 · paid last 24h −0.117%
Price spread now: Bybit against BingX−0.166%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$460.460% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.270%−$27 on $10k
Price spread, last 7 days+0.164%+$16 · spread now −0.166%, 7d avg −0.014%
Together, before fees−0.106%−$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.152% cheaper against BingX than usual: you would sell low and buy high (spread −0.166% now, against its 7-day average of −0.014%). If the spread goes back, that is −$15 on $10k: about 11 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.270%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XMR-USDT573.530.0672pay 0.0672% / 8h2h 34m$5.7M
ShortBybit XMRUSDT572.580.0716get 0.0716% / 8h2h 34m$46.4M$64.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$9.31
Price spread: −0.166% → −0.014%
−$15.18
Slippage, 4 orders
−$25.04
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$51.91
Costs to cover
0.460%
Break-even
46.0 days
Slippage from BingX: live order book, 10 min ago; Bybit: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 10 min ago0.61 bp13.3 bp −$1327.2 bp −$272116.3 bp −$11.6Kdoesn't fit
Sell Bybit live order book, 9 min ago1.31 bp10.3 bp −$1023.9 bp −$23984.9 bp −$8,492doesn't fit

XMR on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0003%1h572.70−0.144%$37K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+1.573%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h571.71−0.318%$1.0M$643K10xas long as short
SunX XMR-USDT+0.0100%8h573.59+0.010%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h573.00−0.092%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0232%1h573.95+0.073%$12K3xas long as short
KuCoin XMRUSDTM+0.0314%8h572.10−0.249%$44.9M$26.2M50xas long as short
dYdX XMR-USD+0.0493%1h571.62−0.334%$104K$44K5xas long as short
Bitget XMRUSDT+0.0573%8h573.37−0.028%$9.5M$13.3M50xas long as short
MEXC XMR_USDT+0.0616%8h572.85−0.119%$19.7M$14.6M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XMRUSDT+0.0616%8h572.70−0.145%$52.4M$161.2M75xas long as short
Gate XMR_USDT+0.0632%8h573.76+0.040%$1.5M$4.3M50xas long as short
BingX XMR-USDTlong+0.0672%8h573.53long leg$5.7M
Bybit XMRUSDTshort+0.0716%8h572.58−0.166%$46.4M$64.3M75x
Kraken Futures PF_XMRUSD+0.0747%1h573.35−0.031%$5.4M$19.1M50xas long as short
Extended XMR-USD+0.0768%1h573.41−0.020%$3.0M$8.2M25xas long as short
Aster XMRUSDT+0.0769%8h573.84+0.053%$643K$2.2M75xas long as short
Polymarket Perps XMR-USD+0.0779%1h573.46−0.012%$28K$2.2M5xas long as short
Pacifica XMR+0.0912%1h572.74−0.138%$265K$1.0M10xas long as short
Paradex XMR-USD-PERP+0.0936%8h572.70−0.144%$8K$4K20xas long as short
GRVT XMR_USDT_Perp+0.1007%8h571.95−0.276%$330K$728K10xas long as short
BloFin XMR-USDT+0.1013%8h574.03+0.087%$2.7M$11.2M75xas long as short
Lighter XMR+0.1024%1h572.82−0.124%$3.1M$7.5M10xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.1057% / S −0.1398%1h572.59−0.164%$592K100xas long as short
Orderly PERP_XMR_USDC+0.1186%8h574.04+0.089%$40K$713K10xas long as short
Variational Omni XMR+0.1193%8h571.73−0.314%$6.3M$2.3Mas long as short
Hyperliquid XMR+0.1215%1h573.06−0.082%$86.4M$70.9M5xas long as short
Backpack XMR_USDC_PERP+0.1372%1h573.89+0.063%$169K$532K20xas long as short
Nado XMR-PERP+0.1382%1h573.68+0.027%$1.3M$455K10xas long as short
SoDEX XMR-USD+0.1415%1h574.43+0.157%$437K$3K5xas long as short
Aftermath Perps XMRUSD+0.2105%1h571.51−0.352%$1K$43K10xas long as short